$1,299,999
Last price change Jun 9
8 Nineteenth Street, Toronto W06, ON M8V 3L3
Property Description
Property type
Triplex
Lot size
N/A
Style
2 1/2 Storey
Approx. Area
1500-2000 Sqft
About 8 Nineteenth Street
This highly-maintained, purpose-built triplex in Toronto's high-demand Long Branch neighbourhood a strategic investment offering immediate cash flow, significant appreciation potential, and minimal management hassle. This turnkey property boasts an exceptional location steps from Humber College's steady tenant pool and mere minutes to Lake Ontario & Colonel Sam Smith Park, ensuring premium rents and high tenant retention. The 2,655 sq ft triplex features three pristine, self-contained suites: two spacious 2-bedroom units currently generating reliable month-to-month income, and one bright vacant 1-bedroom unit ready for immediate rental or owner occupancy, maximizing your yield from day one. Ownership costs are streamlined as tenants cover their own utilities. Unparalleled walkability (3-5 minutes to restaurants, shopping, medical services; 5-10 minutes to Humber College) guarantees strong rental fundamentals. Critically, significant untapped equity exists with the highly lucrative possibility to construct an additional Lane Way/Garden Suite, dramatically boosting rental income and property value. This asset combines dependable current cash flow from a desirable location with a clear, high-impact path to substantially enhanced future returns through development, making it a standout opportunity in Toronto's thriving rental market.
Home Overview
Last updated
Jun 20
Virtual tour
None
Basement information
Apartment
Building size
--
Status
In-Active
Property sub type
Triplex
Maintenance fee
$N/A
Year built
--
Additional Details
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Nineteenth Street

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